Michael Irvin Goes Long with Tetra Co’s
By Anthony Longo 21 05 2007
Pro Footbal Hall of Fame Michael Irvin JV’s with Tetra for new condominiums developments in lower-income neighborhoods.
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The Tetra Cos., a Virginia Beach, Va.-based real estate development and management firm, announced today that it is teaming up with pro football star and television personality Michael Irvin to form TMI Group (Tetra Michael Irvin).
The joint venture will serve as a private equity fund to finance and promote Tetra’s mixed-use real estate developments–many of which will be in poor areas–throughout the southeastern United States.
“I found the Tetra Cos. through my attorney,” Irvin, who was recently inducted into the Pro Football Hall of Fame, tells MHN. “I told him that I wanted to find some good people—people who I could work with; people with the same intentions and goals as me.”
Irvin, who grew up in a poor neighborhood in Fort Lauderdale, Fla., says that he decided to get involved in real estate because he is determined to help low- and middle-income people obtain housing and feel proud of where they live. Continued…
Source: Multi-Housing News
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